By KEVIN CAMPBELLAPPLE Associated Press The New York Mets will spend $200 million to acquire the rights to use a video-on-demand platform for their home games, with the club saying it’s committed to keeping the technology available and flexible.
The $200-million deal is the biggest deal in the sports-delivery business since MLB signed a deal with Amazon in 2016.
It also comes as the New York Yankees are looking to expand into a new market that has been slow to embrace its sports-media industry.
The Yankees also have a deal to buy the team’s home, Yankee Stadium, in New York City.
The Mets’ deal is more complicated than that.
The team said in a news release that it will give MetLife the exclusive rights to offer fans the same high-definition feeds that are available at Yankee Stadium on its home stadium.
It said that once the deal is approved, MetLife will continue to operate the platform.
The MetLife deal will allow the Mets to get the high-quality video-streaming technology it needs to offer the kind of content the Yankees, who own the Mets, need to stay competitive in the baseball market.
It’s a deal that would allow the Yankees to create its own content.
It could also allow MetLife to expand its sports offerings.
But it would be a huge undertaking for the Mets.
The club had a contract with Metropolis Sports, the company behind the ESPN-owned broadcast network, for about $10 million in 2015.
The Mets’ move will be met with concern from some in the industry who said the team is taking advantage of the same technology as the Yankees and could hurt their business in a market that is changing rapidly.
The company said in an emailed statement that it has no plans to make any changes to the MetLife platform or content in any way.
But, it said, the agreement will allow Metropolis to work on a variety of projects, including video games and esports.
“This partnership represents a significant opportunity for Metropolis and the Mets for a broad range of opportunities to improve our relationship with the baseball and sports communities,” the statement said.
The deal comes as MetLife faces new concerns about its technology and how it operates.
The company announced on Wednesday that it had removed more than 3,000 customer reviews from its site.